Older Workers and Employers' Demands

Anthony Bonen ()

No 2013-01, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: Raising the eligibility age for Social Security and Medicare is based on the assumption that elderly Americans can and should work more. We present new evidence that rejects the assumption that elderly Americans are physically and mentally able to work for pay later into life and that, by extension, employers will find older people to be desirable employees. We find that older workers' physical and mental job requirements have increased between 1992 and 2008. Our findings align with Neumark and Song's (2012) conclusions that older workers are facing more age discrimination. Together these findings suggest that raising the retirement age – essentially is a cut in benefits – would hurt most older American workers.

Keywords: Retirement; 401(k); Retirement; Social Security (search for similar items in EconPapers)
JEL-codes: H55 J26 J50 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2013-01
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepapn:2013-01

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